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5 - AGMT FOR HSG FIN ANALYSIS AND ADIVSORY SERV
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5 - AGMT FOR HSG FIN ANALYSIS AND ADIVSORY SERV
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5/7/2015 4:39:47 PM
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5/7/2015 4:34:26 PM
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City Clerk
Doc Type
Agenda
Agency
Community Development
Item #
5
Date
4/7/2015
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coverage applying to bodily and personal injury, including death resulting therefrom, and <br /> property damage, in the total amount of$1,000,000 per occurrence. Consultant shall supply <br /> Authority with a fully executed additional insured endorsement in substantially the form <br /> attached hereto as Exhibit C to Consultant's Proposal attached hereto and incoporated herein <br /> as Exhibit A. <br /> b. Business automobile liability insurance, or equivalent form, with a combined <br /> single limit of not less than $1,000,000 per occurrence. Such insurance shall include <br /> coverage for owned, hired and non-owned automobiles. <br /> c. Worker's Compensation Insurance. In accordance with the provisions of Section <br /> 3300 of the Labor Code, Consultant, if Consultant has any employees, is required to be <br /> insured against liability for worker's compensation or to undertake self-insurance. Prior to <br /> commencing the performance of the work under this Agreement, Consultant agrees to obtain <br /> and maintain any employer's liability insurance with limits not less than $1,000,000 per <br /> accident. <br /> d. Professional liability (errors and omissions) insurance, with a combined single <br /> limit of not less than$1,000,000 per claim. <br /> e. The following requirements apply to the insurance to be provided by Consultant <br /> pursuant to this section: <br /> (i) Consultant shall maintain all insurance required above in full force <br /> and effect for the entire period covered by this Agreement. <br /> (ii) Certificates of insurance shall be furnished to the Authority upon <br /> execution of this Agreement and shall be approved in form by the <br /> Authority. <br /> (iii) Certificates and policies shall state that the policies shall not be <br /> canceled or reduced in coverage or changed in any other material <br /> aspect without thirty(3 0) days prior written notice to the Authority. <br /> £ If Consultant fails or refuses to produce or maintain the insurance required by <br /> this section or fails or refuses to furnish the Authority with required proof that insurance has <br /> been procured and is in force and paid for, the Authority shall have the right, at the <br /> Authority's election, to forthwith terminate this Agreement. Such termination shall not <br /> effect Consultant's right to be paid for its time and materials expended prior to notification <br /> of termination. <br /> 7. INDEMNIFICATION <br /> Consultant agrees to and shall indemnify and hold harmless the Authority, its <br /> officers, agents, employees, consultants, special counsel, and representatives from liability: <br /> (1) for personal injury, damages, just compensation, restitution, judicial or equitable relief <br /> arising out of claims for personal injury, including health, and claims for property damage, <br /> which may arise from the direct or indirect negligent performance of services of the <br /> Consultant or its contractors, subcontractors, agents, employees, or other persons acting on <br /> their behalf which relates to the services described in section 1 of this Agreement; and (2) <br /> 3 <br />
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